Senior Event of Default definition

Senior Event of Default means an Event of Default under the Senior Loan Documents.

Senior Event of Default means an “Event of Default” or similar term under and as defined in the Senior Loan Documents.

Senior Event of Default means an Event of Default under (and as defined in) the Senior Facilities Agreement.

Examples of Senior Event of Default in a sentence

• Nothing contained herein shall prohibit Mezzanine Lender from making Protective Advances (and adding the amount thereof to the principal balance of the Mezzanine Loan) notwithstanding the existence of a Senior Event of Default.

• Any failure to make a Payment due under the Junior Financing Documents as a result of a Senior Default or Senior Event of Default having occurred and being continuing, shall not prevent the occurrence of an Event of Default as a consequence of that failure to make a Payment in relation to the Junior Financing Documents.

• So long as the Senior Loan is outstanding, provided no Senior Event of Default has occurred and is continuing, Borrower shall use its best efforts to enforce the cash distribution priorities and procedures set forth in Section 3.3 and Article IV of the Senior Cash Management Agreement.

• The Intercreditor Deed defines a Senior Event of Default as an event of default under a Senior Finance Document.

• Any collection, sale, or other disposition of any Collateral by Senior Lender after a Senior Event of Default shall be conclusively presumed to be commercially reasonable if Senior Lender conducts such collection, sale, or other disposition in a manner consistent with its normal and customary business practices.

More Definitions of Senior Event of Default

Senior Event of Default means any event of default (howsoever described) under any Senior Document.

Senior Event of Default means the occurrence and continuation of any Event of Default pursuant to the terms of the Senior Loan Agreement or other Senior Debt Documents.

Senior Event of Default means any "Event of Default" as defined by the Senior Credit Agreement (which definition is incorporated herein by reference) or any event or condition, howsoever defined, under any replacement or refinancing facility that would give any holder of the Senior Debt, or the Agent or any other agent on behalf of any such holder, the right to accelerate the Senior Debt or any portion thereof.

Senior Event of Default means any default in the performance of any term, covenant or condition contained in the agreement or instrument under which any Senior Indebtedness is issued, or any other default thereunder, in each case permitting the Senior Lender to accelerate or demand repayment of, or to put or cause the redemption or prepayment of, such Senior Indebtedness.

Senior Event of Default shall have the meaning assigned to the term "Event of Default" in the Senior Credit Agreement.

Senior Event of Default has the meaning specified in Section 1301.

Senior Event of Default means any "Default" or "Event of Default" as such terms are defined in the Senior Loan Agreement.